Vietnam machines and tools exports up 48.48% MoM in March 2026 / USA +52.88%, China +76.72%

Vietnam exported machines and tools to the tune of US$5,700 million in March, up from US$3,839 million in February, a change of 48.48 percent, according to preliminary data from Vietnam’s General Department of Customs.

Year to date, Vietnam exported US$15,000 million worth of machines and tools by the end of March, with the United States the largest market at US$6,142 million.

Exports to the United States reached US$2,308 million in March, up 52.88 percent from February, while China rose 76.72 percent to US$559 million.

Hong Kong recorded US$487 million in March exports, up 69.84 percent, followed by South Korea at US$281 million and Japan at US$278 million.

Year to date exports reached US$1,401 million to China, US$1,160 million to Hong Kong, US$748 million to South Korea, and US$719 million to Japan.

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Vietnam’s machines and tools industry

Vietnam’s machines and tools industry supports manufacturing across sectors including electronics, textiles, construction, and automotive, supplying equipment, components, and industrial solutions.

The sector is driven by strong foreign direct investment and export-oriented production, with demand rising alongside Vietnam’s role in global supply chains.

Domestic firms remain concentrated in assembly and lower value-added segments, while higher-end machinery and precision tools are largely imported.

Government policy focuses on localisation, technology transfer, and industrial upgrading to strengthen competitiveness and reduce reliance on imports.

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The data

Vietnam exports of machines and tools in March, 2026 US$m